While many health systems offloaded ancillary service lines following the pandemic, Advocate Aurora Health and Atrium Health doubled down on home-based care. Those companies merging, and creating “Advocate Health,” has created one of the largest health systems in the U.S. But the merger has also formed an organization with a strong and wide commitment to […]
Everyone in home-based care wants to get further into value- and risk-based contracting. No one can agree on the best way to do so. Some providers believe that honing in on just one or two core service lines – like home health and hospice care, for example – is the best way to go. Others […]
The Pennant Group Inc. (Nasdaq: PNTG) has set out on an ambitious endeavor, aiming to build a pipeline of “100 CEOs.” The company has always leaned into a strategy of purchasing community-driven home-based care agencies with strong ties to their specific markets, and then empowering local leaders. The idea of health care as a local […]
In the midst of the first full performance year for the expanded Home Health Value-Based Purchasing (HHVBP) model, providers are figuring out where they are succeeding and where there is room for improvement. HHVBP continues to save hundreds of millions of dollars each year, according to the U.S. Centers for Medicare & Medicaid Services (CMS). […]
The Future Leaders Awards program is brought to you in partnership with Homecare Homebase. The program is designed to recognize up-and-coming industry members who are shaping the next decade of home health, hospice care, senior housing, skilled nursing, and behavioral health. To see this year’s Future Leaders, visit https://futureleaders.agingmedia.com/. Maria Warren, the vice president of […]
Recruitment and retention pose formidable challenges for home-based care operations, and every aspect of the employee experience — from onboarding to career pathing — offers new opportunities to mitigate the impact of today’s staffing crisis. Training is a key focal point, and with the pervasive integration of innovative technology across the industry, many providers are […]
As the home-based care industry adapt to an increasingly challenging workforce environment, many operators are focused on differentiating themselves from their competitors so that they can attract and retain talent. Training has quickly jumped to the forefront as a notable strategy for care providers to stand apart, especially as they look to other industries for […]
The Franchise Times recently released its annual ranking of the largest franchise systems in the country. Of the 500 companies that grabbed a spot on the list, 16 are home-based care franchise companies. The list is based on last year’s global systemwide sales — total sales for both franchise and company units — performance. In […]
Elara Caring adds chief development officer Elara Caring has named Brent Nash as its chief development officer, a new executive role. Nash will be in charge of maximizing the company’s growth strategy. “At Elara, we’re utilizing a world-class value-based care model and cutting-edge technologies to scale the delivery of home-based care, improving outcomes for patients, […]
Amid reimbursement uncertainty in Medicare-certified home health, investors are slowly shifting focus to other home-based care types. This shift, while not a radical departure, is something stakeholders are keeping an eye on heading into 2024. “I think we’re already seeing a little bit of that,” Rebecca Springer, lead health care analyst at PitchBook, told Home […]
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